All categories

3 years ago

Reading from left to right, which list shows the tax types that proportionally increase with a rise in income?

Business

1 answer:

Murrr4er [49]3 years ago

3 0

Answer:

Regressive, proportional, progressive

Explanation:

There are three main tax categories: regressive, proportional, and progressive.

Regressive Tax

Regressive taxes are type f tax accessed as a percentage of the value of an asset purchased or possessed. Under this system, low-income earners tend to pay a higher amount compared to high income earners because it has no correlation with what the taxpayer earns or their income level.

Proportional Tax

In a proportional tax system, everyone irrespective of their income pay the same rate. This tax system affects everyone equally.

Progressive Tax

A progressive tax has it name implies is progressive in nature.The tax rate increases as the income level of the tax payer increases. Therefore high-income earning individuals pay more than low-income earning individuals

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The following table shows data for nominal GDP and the GDP deflator (2010 = 100) in 2013 and 2014 for six major industrial count

dolphi86 [110]

1. United States : 2013 real GDP 15,779.54, 2014 : 16,152.7

2. Canada : 2013 real GDP 1,738.66, 2014 : 1,781.96

3. Japan : 2013 real GDP 464,321.4, 2014 : 495,576.9

4. Italy: 2013 real GDP 1,549.08, 2014 : 1,539.33

5. Australia : 2013 real GDP : 1,473.74, 2014: 1,512.09

6. United Kingdom : 2013 real GDP : 1,642.37, 2014: 1,690.09

Inflation rate:

1. United States: 1.7%

2. Canada: 2.6%

3. Japan: 1.6%

4. italy: 1.0%

5. Australia: 0.28 %

6. United Kingdom: 1.62 %

5 0

3 years ago

Presented below are long-term liability items for Pharoah Company at December 31, 2020. Bonds payable, due 2022 $625,000 Lease l

lesya [120]

Answer:

See explanation

Explanation:

Consider liabilities due within period of more than 12 months for the long-term liabilities section of the balance sheet.

4 0

2 years ago

A firms total cost function is: TC= 500 + 150q - 20q2 + q3 what is the dollar value at the minimum of the average variable cost

Pavlova-9 [17]

Answer:

the correct answer is $150

Explanation:

TC=500 + 150q - 20q^2 + q^3

AVC=(150Q-20Q^2+Q^3)/Q

=150-20Q+Q^2

When AVC is at its minimum means that the marginal cost( CM) is igual to AVC, so we could consider this analysis:

CM= d(TC)/dq =150-40Q+3Q^2

CM=AVC

150-40Q+3Q^2=150-20Q+Q^2

Join similar terms:

150-150-40Q+20Q+3Q^2-Q^2=0

0-20Q+2Q^2=0

Q(-20+2Q)=0

Q_1=0 y Q_2=20/2=10

with q_1 with q_2

150-40*0+3*0=150-20*0+0 150-40*10+3*10^2=150-20*10+10^2

$150=$150 150-400+300 =150-200+100

$50= $ 50

We have two solution if we assume that q=0 like the minimum then the results is $150.

f we assume that q=10 like the minimum then the results is $50.

5 0

3 years ago

In a within-groups design, each participant experiences all levels of the –. There are two types of this design. The first is th

kati45 [8]

In a within-groups design, there are two types of this design which are:

The repeated-measures design
The concurrent-measures design

<h3>What is within-groups design?</h3>

A within-groups design is known to be a kind of an experimental design that is one where each participant is said to often experiences the total levels of the independent variable.

Note that there are two types of this design which is the repeated-measures design whose role is to measure or one where participants are said to be opened to a lot of levels of the independent variable and they are known to be tested on the dependent variable after every exposure.

The second is said to be the concurrent-measures design and this is one where participants are said to communicate with the different levels of the independent variable in a simultaneous way..

Hence, In a within-groups design, there are two types of this design which are:

The repeated-measures design
The concurrent-measures design

Learn more about concurrent-measures design from

brainly.com/question/25662476

#SPJ1

8 0

2 years ago

On March 1, 2021, McHugh Enterprises issued 1000 of its 8%, $1,000 bonds dated January 1, 2021 at 98. Interest is payable semian

natka813 [3]

Answer: $82000

Explanation:

Interest will be calculated as:

= No of shares x Face value per Share x Interest rate

= 1000 × $1000 × 8%

= 1000 × $1000 × 0.08

= $80000

Total face value of shares issued = 1000 × $1000 = $1,000,000

Issue Amount will be:

= No of shares x Face value per Share x Issue rate

= 1,000 x 1,000 x 98 %

= $980,000

Discount on issue will be:

= $1,000,000 - $980,000

= $20,000

Amortization of Discount on issue per annum will be:

= $20,000/10

= $2000

Therefore, interest expense will be:

= $80000 + $2000

= $82000

6 0

2 years ago